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Nucleus Software announced that Bank of Sydney has chosen Nucleus Software s flagship lending solution, FinnOne Neo, to accelerate its digital lending transformation strategy.
Bank of Sydney wanted a sophisticated lending solution to automate and digitize the origination processes for mortgages and credit cards. This would enable greater end-to-end acquisition and management of online customers.
With FinnOne Neo, Bank of Sydney will be able to launch new products faster, accelerate growth and offer next generation digital banking experiences to its customers. The solution will digitize the bank s complete, end-to-end loan lifecycle.
FinnOne Neo will enable Bank of Sydney to connect with customers across a range of channels, while helping them make better credit decisions faster.
SydneyNew-south-walesAustraliaFinnone-neoNucleus-softwareKone-neoCapital-marketBanks-necSoftware-necFinnone-neoDelinquency-managementFfer-next-generation-digital-banking-experiencesNucleus Software launches new offering to help lenders capitalize on the Buy Now Pay Later opportunity
Posted On: 2020-12-20 23:47:39 (Time Zone: Arizona, USA)
Nucleus Software, the leading provider of lending and transaction banking solutions to the global financial services industry, today announced the launch of FinnOne Neo 5.5, the latest version of its award winning digital lending platform. The new version has been designed specifically to help lenders rapidly expand business operations and generate new digital revenue streams by targeting new customer segments. It will also enhance their digital portfolio rapidly and deliver endto-end contactless banking.
The global Buy Now Pay Later (BNPL) platforms market is expected to reach USD33 billion by 2027 at a CAGR of 21% over the period 2019-2027. This mode has gained in user preference with buyers looking for deferred payment options due to the impact of the pandemic. FinnOne Neo 5.5 helps lenders easily handle the com
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